Tag: steel price pressure
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Turkiye: Imported scrap prices rise by $6/t w-o-w; mills resist higher offers, delay negotiations
Dock collection prices in Europe up Euro 7-8/t Mills await clearer signals on acceptable scrap price levels The Turkish imported scrap market witnessed a rising trend in prices as Turkish steelmakers have been gradually restocking imported scrap. As per market insiders, the restocking trend is ongoing, but at a slower pace, driven by cautious sentiment…